🗣Bitcoin Surges Due to Lower U.S. Inflation

Analysts at QCP Capital noted that a drop in U.S. inflation, with the Consumer Price Index (CPI) at 2.9% in July 2024, boosted risky assets like Bitcoin, which rose above $61,200. The CPI decline signals potential Federal Reserve interest rate cuts, supporting market recovery.

🗣Bitcoin’s Drop Blamed on Kamala Harris

Analysts at Bernstein attribute Bitcoin’s recent decline to the rising chances of Kamala Harris winning the upcoming U.S. presidential election. On August 9, Bitcoin briefly surpassed $62,000 but quickly fell back to $59,000.

Bernstein suggests that the market views Trump’s victory as positive for crypto, while Harris’ potential win is seen as bearish, with concerns over her unclear stance on the industry. A Harris presidency could bring significant regulatory challenges, according to the analysts.

🗣Coinbase Challenges SEC Jurisdiction Over DEXs:

Coinbase’s Chief Legal Officer, Paul Grewal, has urged the SEC to retract its proposed amendments that would bring decentralized exchanges (DEXs) under its control.

Grewal argues that the SEC’s approach is flawed, as DEXs can’t meet disclosure requirements designed for centralized platforms. He warns that the SEC’s broad interpretation could lead to more unwarranted legal actions against crypto firms.

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d end will shock you🤣🤣🤣

Don’t move to Chelsea – Nigerian prophet advises Osimhen.

Renowned Nigerian prophet Primate Elijah Ayodele has warned Super Eagles striker Victor Osimhen regarding a potential move to Chelsea.
The founder of the INRI Evangelical Spiritual Church cautions that such a transfer could adversely affect Osimhen’s career.

In a recent video, Ayodele urged Osimhen to reconsider joining the London club, asserting that a move to Chelsea could hinder his performance and career progression.

TRANSFER: Chelsea give Napoli one condition to sign Osimhen

Chelsea are still keen on a move for Napoli striker Victor Osimhen but will only push ahead with a loan move, according to The Telegraph.

Napoli president Aurelio de Laurentiis is holding out for possible suitors to pay Osimhen’s €130m (£110.8m) release clause.
However, both Chelsea and Paris Saint-Germain are unwilling to go that high for the Super Eagles frontman.

How much is enough for a family of 4 to live a decent life in today's Nigeria?

You stole award from me – Mikel Obi reveals what he told Messi

Former Super Eagles midfielder, John Mikel Obi, has revealed that he accused Lionel Messi of “stealing” the Golden Ball from him after the FIFA U-20 World Cup in 2005.

Nigeria faced Argentina in the final of the competition hosted in the Netherlands.
Messi, who was 18 years at the time, stepped up to score twice from the penalty spot, as they won 2-1 to clinch the trophy.

UEFA Super Cup: Gasperini banks on Lookman for victory against Real Madrid

Atalanta manager Gian Piero Gasperini is backing on Ademola Lookman for victory in the UEFA Super Cup clash with Real Madrid.

Lookman was the hero of Atalanta’s UEFA Europa League success last season.

The Nigeria international bagged a hat-trick in the 3-0 final victory against Bayer Leverkusen.

TRANSFER: Szczesny’s contract terminated as Arsenal’s versatile player leaves Emirates for new club

Football transfer guru, Fabrizio Romano, has revealed that goalkeeper Wojciech Szczesny’s contract at Juventus has been terminated.

Romano also disclosed that Arsenal’s versatile player, Brooke Norton-Cuffy, has left the club to undergo medical tests to join Genoa this summer.
He made this known in a separate tweets via his X account on Wednesday.